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Changyong Rhee

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IMF welcomes passage of GST by Indian Parliament

International Monetary Fund on Thursday welcomed passage of the long-pending Goods and Services Tax by the Indian Parliament, saying it will lead to long-term sustainable growth in the country. "We......

Post-note ban disruption, India to grow at 7.2%: IMF

India's growth is expected to rebound to 7.2 per cent in the 2017–18 fiscal and 7.7 per cent in 2018-19 after "disruptions" caused by demonetisation, the IMF said on Tuesday, while......

India's challenge is to make growth inclusive: ADB

On a day the Reserve Bank of India announced the ninth hike in key policy rates in just over a year, Asian Development Bank's Chief Economist Changyong Rhee explained to Devjyot Ghoshal that......

India likely to grow at 4.7% in 2013-14: ADB

Projecting economic recovery, ADB on Wednesday said India is likely to record 4.7 per cent growth in current fiscal which will improve to 5.7 per cent next year. "After bottoming out in the first......

ADB lowers India's growth projection for 2013-14 to 4.7%

Asian Development Bank (ADB) has lowered India's growth projection for 2013-14 to 4.7 per cent from 6 per cent earlier saying the recent rupee depreciation and capital outflows could adversely......

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